In recent financial maneuvers, AI16z Holdings, a significant player in the decentralized finance (DeFi) space, strategically bolstered its position by acquiring an additional $1.61 million worth of AI16z tokens. This move was timed impeccably, taking advantage of a temporary dip in token prices influenced by a tweet from AI16z founder Shaw advocating for coin sales, which briefly pushed prices down to $1.32. Seizing Opportunity Amidst Market Volatility The decision to buy during the price downturn has proven lucrative, with the newly acquired tokens now showing a floating profit of $33,000. This latest acquisition has increased AI16z’s total holdings to an
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